Pune is one of the most developed cities in Maharasthra. The city is known for its pleasant weather, well-connected roads, and its proximity to Mumbai. It is the home for many leading automobile manufacturing and IT companies. Over the past six years the city has witnessed an increase in plotted residential development.
The Growing Popularity of Plotted Residential Development in Pune:
Post pandemic, the home buying sentiment has favored the growth of the real-estate sector of Pune. Plotted residential development is a project where areas of land are for sale for the construction of homes/villas. The emergence of work-from-home culture and the desire to stay away from the hustle and bustle of the city are some of the key reasons for the increase in demand for weekend homes in Pune.
Are you willing to buy a piece of land in Pune?
Here are the top 5 benefits of investing in a property in Pune.
1. Habitable City :
Pune is one of the most habitable cities of India. Favorable weather, great education infrastructure, and excellent employment opportunities make it a desirable city to reside in.
2. Well-developed infrastructure :
Pune has witnessed tremendous infrastructural development in the last decade. The Pune Metro Project is the most recent addition to the city’s infrastructural development. The infrastructural development of Pune is slowly picking pace in regions of Talegaon, Chakan, Mahalunge, Kirkatadi, Lohegaon, Shivane, Dhayari, and Shiwalewadi. These regions are turning into residential hubs due to their proximity to major employment hubs of the city.
3. India’s new tech hub :
The city is home to many IT companies and manufacturing plants. The industrial belt of Pune, which is based out of the areas of Bhosari, Talegaon, and Chakan have attracted investments by many real estate developers owning to the demand for residences in these areas.
4. Proximity to Mumbai :
Pune is the second home for many Mumbaikars. Its excellent proximity and connectivity to Mumbai makes it a hot destination for real estate developers to invest in.
5. High Return on Property Investment :
Investing in a property in Pune and renting it out is lucrative owing to the massive demand for rented apartments in the city. The demand for rented homes in Pune is driven by the well-established and ever-growing employment hubs of Pune. The benefits of property investment in Pune are not limited to drawing rental income, the potential of reaping benefits by reselling the property cannot be ignored.
Are You Willing To Build Your Dream Home In Pune?
Turn your dream into a reality with Eden Group. Make your land investment in Pune in one of the most exotic residential plot projects by Eden Landmarks. Visit the site of the ongoing projects namely Escape City, Vintage City, and First City and build your dream home at the location that best suits your requirements. Call on +91 020 67452001 to find out more.